Ben Bernanke actually said...

monetary policy is not a panacea, so there is still plenty of room for Congress to address some of these problems

Bernanke emphasizes the need for Congressional action beyond monetary policy.

07/17/2013

More Ben Bernanke Quotes

We have already seen the stresses we saw in September. In September, we saw AIG and Lehman and other financial firms under great pressure.

If Government spending is higher, it needs to be recognized that that will involve higher taxes in order to maintain a close, reasonable bal...

I think that confidence in financial engineering has gone down quite a bit, and we need to be very careful.

I am very angry about the situation. I am sorry that there were these gaps in regulation and in the financial resolution regime.